$1.3M  
The population of Salem County is less affluent than average compared to others in New Jersey with a median income of $57,609 per household. It's also considered a much less expensive county in terms of affordability with a cost of living adjustment score of 107.5. Pennsville, Carneys Point, and Penns Grove are its three most populated cities. Salem County is made up of homes that are considered older than most with a median of 47 years. Heading the list of top schools in the county is Hopewell.
Comments:

$105K  
The Salem County market may be experiencing a prolonged pullback as sales slumped again this week by 5.3% to 36 homes sold over the last 30 days. As sales trended lower, months of inventory rose, trending up for four weeks to 16 months. The downward trend in sales numbers and the high inventory indicate that Salem County is still a definite buyer's market.
Comments:

$849K  
There were 37 homes sold in the Salem County market over the last 30 days. During the same period, the total number of price reductions was 132, the most since November. When comparing other close-by counties within the same period, the most came from Philadelphia County with 1,259 price reductions. Prices are falling in Salem County, and this period the median price of all sales fell from $155,000 to $106,000. Salem County is a solid buyer's market, thanks to the rise in price reductions and the availability of 15 months of remaining inventory.
Comments:

$299K  
Sales have fallen to 29 homes sold over the last 30 days in the Salem County market. Sellers can also expect more competition, due to a three-week upward trend in homes coming into the market, now up to 109 for the same period. As new listings came into the market, months of inventory continued to climb as well, trending upwards for four weeks to reach 19 months. Salem County is a solid buyer's market, due to the large amount of inventory left and aided by the dip in sales.
Comments:

$101K  
Hitting a record low dating back to April, 37 homes were sold in the Salem County market over the last 30 days. This represents a 9.8% drop in sales activity. When comparing other close-by counties within the same period, the most came from Philadelphia County with 880 sales. Prices are rising in Salem County, and the median sales price this period increased from $107,900 to $120,900. Salem County is a solid buyer's market, due to a downward trend in sales numbers and 14 months of inventory remaining.
Comments:

$895K  
Home sales in the Salem County market dipped below its average sales volume for the prior 12-month period. In this week's report, they dropped 24.1% to 41 homes sold over the last 30 days. In comparison, nearby Philadelphia County had 950 sales in the same time frame, the most of all neighboring counties. The median sales price dropped to $107,900 over the latest reporting period for Salem County, down from $118,750. Salem County is a definite buyer's market, due to a big 13 months of inventory left and aided by the dip in sales.
Comments:

$1.3M  
With 66,083 residents, Salem County is a small county in New Jersey. However, with a 2.8% increase over the last 10 years, it ranks fourth in terms of growth. Its three largest cities are Pennsville, Carneys Point, and Penns Grove. Keep in mind, most people in Salem County own their homes, with a 66.0% ownership ratio. Heading the list of top schools in the county is Hopewell.
Comments:

$370K  
In this week's report, the number of homes sold in the Salem County market dropped to 50 over the past 30 days. It marked a decrease of 13.8% from last week's report and a fall below the monthly average. Within the same time period, Philadelphia County had 1,063 sales, the most of all counties in the area. The median sales price of all transactions in Salem County did not budge this week, remaining at $128,450. Salem County is a solid buyer's market, thanks to a big 10 months of inventory to choose from and a pullback in sales.
Comments:

$799K  
The Salem County market slowed this week but was still better than normal as sales slid 6.8% to 55 homes sold over the last 30 days. In comparison, nearby Philadelphia County had 1,130 sales in the same time frame, the most of all neighboring counties. The median sales price remained unchanged over the latest reporting period for Salem County, coming in at $127,000. Salem County is a solid buyer's market, thanks to a big nine months of inventory to choose from and a pullback in sales.
Comments:

$114K  
Sales fell to 57 homes sold over the last 30 days in the Salem County market. Sellers can expect less competition, however, due to a six-week downward trend in homes coming into the market, now down to 70 for the same period. Prices are falling in Salem County, and this period the median price of all sales fell from $133,500 to $127,000. Salem County is a definite buyer's market, thanks to a big nine months of inventory to choose from and a pullback in sales.
Comments:
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